20 June 2009

Salary reduction and the "brain drain"

According to this FAQ posted on the UC Human Resources website, senior management at UCOP as well as at the campuses will take an additional 3% cut on top of the already announced 5% cut, to bring them to "at least" an 8% cut.

Another item of note is this article in the Chronicle. The discussion in the comments section highlights the possibility of a "brain drain" in California, especially if the cuts were to be extended beyond next year. Notice that already salaries at UC lag behind those at peer institutions, a fact recognized by the Regents in 2005.